All Forum Posts by: Maxwell Lewis
Maxwell Lewis has started 4 posts and replied 48 times.
Congratulations on making this step. There are wonderful people here to meet and a plethora of advice to learn.
Post: Boston / Cambridge investing strategies
- Chelsea, MA
- Posts 49
- Votes 16
Originally posted by @Neil G.:
I closed on a 3 family in a tougher part of Dorchester in August. It was an MLS deal and was competitive, but even with that, I'm cash flowing almost 20% after all expenses are paid including the mortgage taxes etc. Two of the units are section 8 and I get a direct deposit form the government on the 1st of each month (amazing) and the other unit is a regular market tenant. I'm new to Dorchester and in the big picture, I'm a new investor as I only have two rental properties, but I'd say don't be afraid of the B/C neighborhoods. It's all about finding good tenants. Good tenants live in bad neighborhoods too, not all of them are bad, most just got themselves into unfortunate situations, divorces, had kids too young and got in over their head etc. there's slot of money to be made in these areas if you're smart about it and do enough research.
Totally agree with your view on less desirable neighborhoods. In fact part of my mission is to help uplift a community besides the real estate.
Post: New member from Boston MA
- Chelsea, MA
- Posts 49
- Votes 16
Welcome hopefully BP will give you the fuel you need to pursue your dreams
Post: Massachusetts Investor (Springfield Area)
- Chelsea, MA
- Posts 49
- Votes 16
How you guys doing. New to all of this and looking into investing in the Springfield area. Would like to meet fellow like minded investors, colleagues, and possible mentors
Post: Newbie in Lowell, Ma looking to network
- Chelsea, MA
- Posts 49
- Votes 16
our doing a great job keep the momentum up
Thank you I had no idea
Post: Want to know the best way to build your real estate network?
- Chelsea, MA
- Posts 49
- Votes 16
Plus it helps you stay active and motivated talking constantly to like minded people with new perspectives
Post: A Real Estate Investor is born ($75K Profit on first deal)
- Chelsea, MA
- Posts 49
- Votes 16
Great job! Also great job completing the circle by giving back with the education of the article
Post: Massachusetts: getting my numbers/ short sales
- Chelsea, MA
- Posts 49
- Votes 16
That answer was very informative
Thanks for the warm greetings and advice Paul, Jill, Yatznira